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EATON ACQUISITION FIBREBOND
This family sold its business for $1.7 billion and rewarded 540 factory workers with a $240 million gift- This US CEO sold his family business for $1.7 billion, then shared $240 million with 540 employees
- Rs 4 crore for every employee: American boss' surprise Rs 2,250 crore gift to his 550 staff after he sold his company
- No shares in company, but 550 employees received a $240 million gift from their owner for staying with him through tough timesIn an extraordinary move, Louisiana-based Fibrebond rewarded loyalty over ownership when over 550 employees with no company shares received...26 Dec, 2025, 07.29 PM IST
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